Think about selling this software to schools. How quickly do you think schools, who may possibly be buckled down with small budgets and paralysed by bureaucratic decision making processes are going to take this up? Yes there are a lot of students in the world. Unfortunately there are also a lot of teachers and principals who are in the way of the decision making process.
Another way to think about it is how quickly have other paid education tools spread? Can you name any other product that Mathletics may be like?
In terms of the dividend. Yes this was for the owners. But given the choice between taking the payment as stock or cash, they chose cash. Now why would they do that if there was such high expectations for capital growth? Can you explain that?
TPN Price at posting:
$2.25 Sentiment: Sell Disclosure: Not Held
